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A Simple Analysis for the Industrial Revolution: Based on the Lotka-Volterra Model

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概要 The ascent of the modern production sector and the decline of its traditional counterpart stand as defining features of the Industrial Revolution. The disparity between these sectors lies in their app...roach to innovation. Traditional production relies on experiential knowledge for innovation, linking the innovation stock of this sector directly to population size. Conversely, the modern sector thrives on experimental innovations, resulting in a growth rate of innovation outpacing that of the population. The innovation stocks within each sector shape their potential output and competitive capacity. Applying a simple evolutionary industry competition model, this paper replicates the Industrial Revolution process, wherein the modern production sector supplanted the traditional, leading to a surge in per capita output.続きを見る
目次 1 Introduction
2 Model
3 Numerical Simulation
4 Conclusion and Discussion

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登録日 2024.12.16
更新日 2024.12.16

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